Oregon Hold Harmless Agreement
This Hold Harmless Agreement (“Agreement”) is made effective as of _______________ (the “Effective Date”), by and between _______________ (the “Indemnifier”), whose address is _______________, and _______________ (the “Indemnitee”), whose address is _______________. This Agreement is executed with the intent to be legally bound, pursuant to the laws of the State of Oregon, including but not limited to the Oregon Revised Statutes, as applicable.
1. Purpose:
The purpose of this Agreement is to specify the terms and conditions under which the Indemnifier agrees to indemnify, defend, and hold harmless the Indemnitee against any and all losses, claims, damages, liabilities, expenses, or costs (including reasonable attorneys’ fees), arising out of or in connection with any acts or omissions of the Indemnifier, its agents, employees, or subcontractors, except to the extent resulting from the negligence or willful misconduct of the Indemnitee.
2. Scope of Agreement:
This Agreement shall cover all activities related to or arising from the _______________ (describe the specific activity or project), which shall take place in the State of Oregon. It is intended to provide a comprehensive indemnification in favor of the Indemnitee by the Indemnifier.
3. Duration of Agreement:
This Agreement shall commence on the Effective Date and shall remain in full force and effect until _______________, or until such time as the activity or project specified herein is completed, whichever occurs first, unless earlier terminated by either party upon _______________ (number) days written notice to the other party.
4. Insurance:
The Indemnifier shall, at its own expense, maintain adequate insurance during the term of this Agreement to cover its obligations under this Agreement. Evidence of such insurance, as required by the Indemnitee, shall be provided upon request.
5. Modification of Agreement:
Any modifications or amendments to this Agreement must be in writing and signed by both parties to be effective.
6. Governing Law:
This Agreement shall be governed by and construed in accordance with the laws of the State of Oregon, without regard to its conflict of laws principles. Any disputes arising out of this Agreement shall be subject to the exclusive jurisdiction of the state and federal courts located in Oregon.
7. Entire Agreement:
This Agreement constitutes the entire agreement between the parties pertaining to its subject matter and supersedes all prior and contemporaneous agreements, representations, and understandings of the parties.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date first above written.
___________________
Signature of Indemnifier
Print Name: _______________
___________________
Signature of Indemnitee
Print Name: _______________